![Wealth Building: How To Build Wealth in 30s [Wealth Formula]](https://ourwealthinsights.com/wp-content/uploads/2010/07/Wealth-Building-Image.png)
There can be a formula for wealth building. If you are interested to know about how to build wealth then you just need to follow this formula. Who can use this formula? Anyone can use it. But people who are in 30s can benefit most out of it. Why? Because they are ones who have…
Retirement planning is important. Why? Because this is what is going to give us financial independence after we’ve retired from our jobs/work. The planning will ensure the availability of the required funds when it’s time to retire. In India, the majority of service-class retired people depend on annuities to take care of their cash flow…
There is an interesting report of World Bank on consumer spending habits of developing nations. It also gives detailed numbers on where do people spend money in India. A report like this gives a nice visualisation of how Indians (and other population across the globe) spend their money. Though the report is dated 2010 but…
One’s present personal financial health is built upon how money was handled in the past. Better the money is handled today, healthier will be the future financial health score. When money is spent only to buy things, it can add nothing to one’s financial health score. Instead, it affects negatively. So, how to handle money?…
Lowest NAV mutual fund means it is undervalued? No necessarily. One can earn higher return if one buys a good mutual fund at undervalued NAV. There is a difference between “undervalued NAV” and “lowest NAV”. Low NAV does not necessarily mean the fund is undervalued. Lower NAV may be cheap for your pocket, but it…
Who will buy ETF in India? These are mainly those investors who want to buy stocks, but lacks the expertise. Who are these people? These are people who do not know how to screen and analyze stocks. [Check a list of top rated ETFs at the bottom of this post] Why screening and stock analysis…
One day I was sitting with my group of friends. We were randomly gossiping about things, when the topic of investment came up. People were eager to know about it, but they only wanted quick answers for queries like ‘where to invest money for high returns‘. Frankly speaking, there are no quick answers when one…
Dividend paying mutual funds are my favourite investment vehicle. Why? I like them because it can generate short term income. “Income generation” and “equity investments” does not go hand in hand. This is why, regular dividends from equity based funds makes it unique. I love it. But income seekers must play cautiously with mutual funds….
There are several alternatives available for investing money in India. But the problem is that, investment after retirement must be done in a specific way. Hence, the composition of ‘investment portfolio’ of a retired person is different from other people. What is the difference? A retired person plans to include those assets in portfolio which…
